Spirit Airlines Reports October 2013 Traffic

Published on : Wednesday, November 13, 2013

spirit airlines to grow Spirit Airlines (NASDAQ: SAVE) today reported its preliminary traffic results for October 2013 and year-to-date 2013.

 

Traffic (revenue passenger miles) in October 2013 increased 28.1 percent versus October 2012 on a capacity (available seat miles) increase of 28.6 percent. Load factor for October 2013 was 87.0 percent, a decrease of 0.3 points as compared to October 2012.

 

Spirit’s preliminary completion factor for October 2013 was 99.9 percent.The following table summarizes Spirit’s traffic results for the month and year-to-date ended October 31, 2013 and 2012.

 

FootnotesBased on the jet fuel curve as of November 7, 2013. Excludes unrealized mark-to-market (gains) and losses which are comprised of estimated non-cash adjustments to aircraft fuel expense.

 

The Company may have unrealized mark-to-market (gains) or losses in the fourth quarter 2013, but is not yet able to estimate the amount. Includes fuel taxes, into-plane fuel cost, and estimated fuel hedge (gains) and losses currently expected to be realized during the fourth quarter 2013.

 

Source:- Spirit Airlines

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